n NISM Certifications
VIII NISM Series VIII
Medium

At expiration, the value of an option is its intrinsic value. Is this true?

Practice question from NISM Series VIII - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Yes, for all options

    Correct answer

  2. B

    No, not for all options

  3. C

    Only for calls

  4. D

    Only for puts

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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